Net Insight (www.netinsight.se), developer of optical transport equipment for media, IP, and broadcast networks, has received an order from HTN Communications (www.htncom.com) to expand its Nimbra-based transport network. In 2007, Net Insight received a first order from HTN for a Nimbra-based network for its media transport services in several locations in the U.S. HTN has continued to expand its services during 2008 and has now placed a further extension order with Net Insight. The new Nimbra equipment will be delivered in the third quarter 2008.
LightPath Technologies Inc. (www.lightpath.com), a manufacturer of precision optical products, has raised gross proceeds of approximately $2,929,000 through the sale of 8% convertible debentures to a group of institutional and private investors.
Enablence Technologies Inc. (www.enablence.com) and its wholly owned subsidiary, Enablence Technologies USA Inc., have completed the acquisition of DuPont Photonics Technologies LLC (www.photonics.dupont.com). Concurrent with the closing, DuPont Photonics' original parent company, E.I. du Pont de Nemours and Co., has invested $5 million in Enablence. Enablence issued 6,847,638 common shares, at a price of $1.42 per share, as consideration for the acquisition of DuPont Photonics assets and the investment by DuPont, for a total value of $9.5 million.
The Pirelli Group (www.pirelli.com) and CyOptics Inc. (www.asipinc.com) have formed a strategic alliance in integrated photonics. The agreement is between PGT Photonics, the Pirelli Group's photonics company, valued at about $40 million, including available cash, and CyOptics, a privately held U.S. company that focuses on optical components based on indium phosphide technology.
Global multi-network operator Global Telecom & Technology Inc. (www.gt-t.net) has entered a strategic agreement with U.S.-based network provider FiberLight LLC (www.fiberlight.com) to provide GTT with high-capacity metro transport in several strategic U.S. markets. GTT says this agreement enables it to offer customers access to FiberLight's dense metro ring-based network, providing competitive, last-mile connectivity across the U.S.
Union Communications, a New Hampshire-based independent local exchange carrier (ILEC) serving 7,000 rural subscribers, has selected Pannaway Networks' (www.pannaway.com) Multi-Service Access Platform (MSAP), the MAGNM-20. Union Communications says it is implementing the MAGNM-20 for active point-to-point (P2P) FTTH as it upgrades its existing copper network. Pannaway also says it has successfully implemented a new FTTH network for Manti Tele Communication Co. in Manti, UT. The network is built with Pannaway's Broadband Access Switches for FTTH ports, Broadband Access Routers for the transport layer, and Broadband Access Manager, Pannaway's broadband element management system.
Alloptic (www.alloptic.com) has been granted a patent by the Japan Patent Office for "Point-To-Multipoint Passive Optical Network That Utilizes Variable-Length Packets" (No. 2002-546329284479). This patent applies to the way in which that critical function occurs in popular PON technologies that are deployed not only in Japan, but also around the globe, say company representatives. Japan is the fourth country to affirm Alloptic's intellectual property rights for this technology, adding to the list of similar patents held in the U.S. (U.S. Pat. 7,031,343), Taiwan (#90128223), and China (#ZL01821736.2).
Huawei Technologies Co Ltd. (www.huawei.com) has been selected by China Telecom to build China's first 40G WDM transmission network between Shanghai and Wuxi. Huawei will provide China Telecom with an ultra-high-capacity 80 wavelength Ã� 40G transmission system capable of 10G/40G hybrid transmission to address China Telecom's ever-increasing Internet bandwidth requirements and to lay a foundation for providing high-bandwidth services.
Ericsson (www.ericsson.com) and Telekom Malaysia Berhad (TM), a Malaysian next-generation communications and broadband provider, have signed a two-year contract for the nationwide expansion of TM's optical network infrastructure and associated network management. The contract is for the supply of an optical network based on SDH and DWDM technologies and the provision of installation works and comprehensive maintenance services.
Alcatel-Lucent (www.alcatel-lucent.com) has deployed its packet optical transport technology for Shanghai Mobile, a subsidiary of China Mobile, as part of the wireless carrier's IP network transformation. The network is designed to support full packet traffic, including high-speed Internet and video services. The contract was signed through Alcatel Shanghai Bell,Alcatel-Lucent's flagship company in China.
Management at Palomar Technologies (palo martechnologies.com), a provider of precision automation equipment and contract assembly services for microelectronics, has bought out the original investor group that spun the company out of Hughes Aircraft in 1995.
LG-Nortel (www.lg-nortel.com) has acquired Novera Optics Inc. (www.noveraoptics.com), a developer of fiber-optic access technology known most prominently for its work in WDM PON. LG-Nortel is a joint venture of LG Electronics and Nortel. The acquisition costs, including employee retention and transaction costs, were approximately $16 million in cash, plus up to an additional $10 million to Novera security holders based on achievement of future business milestones over the next 18 months.